Thompson Springs Homeowners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,483 | 55,358 | 7,125 | 21.4 | — |
| 2021 | 70,514 | 64,065 | 6,449 | 19.7 | — |
| 2022 | 76,859 | 73,010 | 3,849 | 18.0 | — |
| 2023 | 70,715 | 62,576 | 8,139 | 23.0 | — |
In its most recent public year (2023), this organization brought in $8,139 more than it spent. Its reserves stood at about 23 months of spending, up from 21.4 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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